(Marketwire Via Acquire Media NewsEdge) OXNARD, CA -- (Marketwire) -- 01/29/13 --
CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, has been selected by Pepco Holdings, Inc. (PHI) (NYSE: POM), one of the Mid-Atlantic's largest energy delivery companies, to supply expanded bandwidth wireless data communications devices as part of their wide-area network.
The CalAmp private network solution will provide the secure high-speed wireless data communications link between PHI's equipment and the core communications infrastructure to help ensure timely and reliable delivery of business critical data throughout their network.
"Secure, reliable wireless connectivity is a core requirement for PHI's wireless communications initiative," Russ Ehrlich, PHI's Manager of Communication and Network Systems Engineering, said. "CalAmp is providing a powerful, field-tested wireless data product, capable of supporting a broad range of applications, and it is clearly the best solution for us. We are also impressed by CalAmp's ingenuity and willingness to work with us to address our specific needs to produce a wireless networking solution that meets and exceeds our requirements now and well into the future."
Natural disasters such as Hurricane Sandy underscore the critical role that private communications networks play in quickly restoring power grids. With the CalAmp devices as a foundation, resilient communications networks can be constructed to provide a proactive response to such natural disasters, facilitating reliable high-availability grid monitoring and control applications to minimize service disruptions and downtime.
CalAmp has recently enhanced its product line, which includes doubled throughput to 256Kbps and lower latency. Customers in the utility space will be able to take advantage of these enhancements while leveraging CalAmp's proven history providing robust, highly reliable products, solutions and services for mission critical communications.
"As one of the largest energy delivery companies in the Mid-Atlantic, PHI is leading the way in modernizing the region's electricity grid. We are delighted to support them with a private communications solution that delivers reliable, secure mission-critical information over a wide-ranging and diverse service area," said Mike Zachan, General Manager of CalAmp's Wireless Networks business. "With their expanded bandwidth and flexibility, our devices, coupled with powerful network management, will play a significant role in helping utilities deploy advanced distribution automation and AMI systems for years to come, further solidifying CalAmp's leadership position in the all-important utility sector."
The opportunity includes a three year supply agreement for the delivery of up to several thousand devices, based on meeting key performance criteria, and could grow over time, Zachan noted.
About Pepco Holdings, Inc.Pepco Holdings, Inc. (PHI) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about two million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides energy efficiency and renewable energy services through Pepco Energy Services.
About CalAmpCalAmp develops and markets wireless communications solutions that deliver data connectivity services for critical networked communications and other applications. The Company's two business segments are Wireless DataCom, which serves utility, enterprise and governmental customers, and Satellite, which focuses on the North American Direct Broadcast Satellite market. For more information, please visit www.calamp.com.
Forward-Looking Statements Statements in this press release that are not historical in nature are forward-looking statements that involve known and unknown risks and uncertainties. Words such as "may", "will", "expect", "intend", "plan", "believe", "seek", "could", "estimate", "judgment", "targeting", "should", "anticipate", "goal" and variations of these words and similar expressions, are intended to identify forward-looking statements. Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors that are described in the Company's Report on Form 10-K for fiscal 2012 as filed on April 26, 2012 with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be attained. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
AT THE COMPANY:
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AT ADDO COMMUNICATIONS:
Source: CalAmp Corp.